Real Estate

Redlands, Calif. -- Ascena Retail Group, whose brands include Dressbarn, Maurices, and Justice, is integrating Esri GIS analysis tools, demographic data, and map visualization into its business processes.

Minneapolis — Target will open a single-level store in New Mexico, the first of its kind in the state. The store, located in Albuquerque, is scheduled to open in 2013 and will occupy 155,000 sq. ft.

Las Vegas -- Jersey Gardens, the largest outlet mall in New Jersey, is getting a makeover and a new brand identity. The 1.5 million-sq.-ft. center, in Elizabeth, N.J., will be rebranded The Outlet Collection/Jersey Gardens as part of a new strategy by developer Glimcher Realty Trust to introduce a new brand designation for its outlet centers going forward.

Las Vegas -- Crystals at CityCenter, a 500,000-sq.-ft. retail and entertainment center in Las Vegas, was honored with the International Council of Shopping Centers' (ICSC) VIVA Best--of-the-Best Award in the category of sustainability. The award was announced on May 20, during the ICSC's annual global retail real estate convention, RECon, in Las Vegas.
 
Crystals, which is LEED Gold certified, is the largest retail destination to achieve the Gold level.
  

Las Vegas -- On Monday morning, RECon 2012, the International Council of Shopping Centers’ annual retail real estate convention in Las Vegas, kicks off with an expected 31,000+ attendees from around the globe.

Running through Wednesday, May 23, RECon will encompass three halls of the Las Vegas Convention Center – or over 1 million sq. ft. – with more than 1,000 companies exhibiting and highlights such as The Cities of the World Pavilion and a keynote presentation by Leslie H. Wexner, founder of Limited Brands.
 

Milford, Conn. -- Sandwich mega-chain Subway said Friday that it has set 2012 development goals of 1,200 North American locations and, toward that end, said a large contingent of company representatives will be in attendance at the International Council of Shopping Centers’ RECon event in Las Vegas, May 20-23.

Benbrook, Texas -- Fort Worth, Texas-based Buxton said Friday that Regal Entertainment Group will open a new Regal Cinemas at The Trails Town Center, located in Benbrook, Texas.

The new 14-screen theater will include the Regal Premium Experience: RPX large format screen, and is the first anchor tenant announced at the Buxton-developed 1.5 million-sq.-ft. Trails Town Center.
 

Neiman Marcus took full advantage of its Northern California locale in the design of its store in Walnut Creek, Calif. The interior finishes and materials draw from the rich colors of the surrounding landscape, and the space takes advantage of the famed California sunshine. The two-level store—the 42nd Neiman Marcus store to date—offers a fresh take on modern luxury shopping in a smaller format for the upscale retailer, featuring 85.870 sq. ft. of selling space. 

St. Louis -- Discount grocer Save-A-Lot, a wholly-owned subsidiary of Supervalu, opened its first store in Atlantic City, N.J., on May 17, becoming the first full-service grocery store within a 21-mile radius of the city.

Las Vegas -- Miracle Mile Shops at Planet Hollywood Resort & Casino said that five new stores will open at the center, and several tenants will unveil newly renovated spaces.

Garrett Popcorn will open this September in its first Las Vegas location; Jamba Juice has already opened its Miracle Mile Shops outlet, and blow-dry bar Dollheads will open this June. In November, GRATiAE will open a skin care products store.